SEGMENT REPORT

12 Months Ended

Dec. 31, 2024

SEGMENT REPORT

SEGMENT REPORT

NOTE 18: SEGMENT REPORT

The Company operates and evaluates its business as a single reportable segment. This segment invests or purchases assets that have near and medium-term income potential to provide the Company with accretive cash flow from which it can reinvest in new assets or expand cash flow from those existing assets. This single segment is identified because it engages in business activities in which it generates revenues and expenses, its performance is reviewed by the Company’s Chief Executive Officer who is the chief operating decision maker (“CODM”), and it has distinct financial information available. The CODM assesses performance of the reportable segment and decides how to allocate resources based on consolidated net income, which is also reported on the consolidated statements of operations. The CODM uses this information to compare actual results against expectations in assessing the performance of the segment. The Company’s long-lived assets and its revenues are located in the United States. The accounting policies of the reportable segment are the same as those described in Note 2. The total segment assets are the same as the consolidated total assets reported on the consolidated balance sheets. Refer to the consolidated statements of operations for the details of this reportable segment.